On Tuesday, Shares of Intel Corporation (NASDAQ:INTC), lost -1.45% to $25.87.
Intel Corporation and BlueData declared a broad planned technology and business collaboration, as well as an additional equity investment in BlueData from Intel Capital.
This relationship will bring together BlueData’s infrastructure software for big data with the leading data center architecture based on Intel® Xeon® processor technology. The aim is to accelerate the adoption of big data solutions by simplifying deployment. This builds upon Intel’s existing investments and initiatives in the big data market, counting Intel’s planned partnership with Cloudera* for Apache Hadoop* in addition to recent projects focused on Apache Spark*.
“Intel architecture provides a high-performance, secure, robust foundation for big data analytics,” said Brian Krzanich, Intel CEO. “BlueData’s innovative software delivers the simplicity, agility and efficiency of big data-as-a-service in an on-premises model. Together, we are focused on bringing big data into the mainstream and unlocking the value for our enterprise customers.”
BlueData will develop and optimize its big data infrastructure software for Intel architecture. In turn, Intel will focus its engineering and marketing resources on the joint engineering roadmap and joint customer acquisition. Additionally, the companies will execute joint go-to-market strategies that comprise coordinated product, channel, and sales programs.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of Halliburton Company (NYSE:HAL), declined -0.27% to $33.47, during its last trading session.
Halliburton Company declared that it will present at the Barclays CEO Energy-Power Conference on Tuesday, September 8, 2015, at 10:45 a.m. Central time (11:45 a.m. Eastern time).
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Finally, Marathon Petroleum Corporation (NYSE:MPC), ended its last trade with -4.47% loss, and closed at $43.77.
The stock stock was downgraded to “Underperform” by investment analysts at BofA Merrill. MPC’s “Neutral” rating is no longer valid.
Marathon Petroleum Corporation, together with its auxiliaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Pipeline Transportation.
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